Early revenue recognition has long accounted for a substantial portion of financial statement fraud. By recording revenue early, a dishonest business seller or an employee under pressure […]

When it comes to reducing fraud loss and duration, companies should fight fraud actively. Active detection methods (such as surprise audits or data monitoring) are far more effective than […]

As more people use mobile phones, more fraud perpetrators target these devices. According to Javelin Strategy & Research, between 2017 and 2018 the number […]

If you’re like most business owners and executives, you may not actively search for fraud risks — until there’s an incident and you’re facing possible losses. Although […]

Background checks don’t inoculate companies against occupational fraud and other criminal acts by employees. After all, many thieves have never been caught and, therefore, […]

It’s a federal crime to steal trade secrets.  However, that doesn’t stop thieves from successfully making off with billions of dollars in intellectual property […]

Fraud experts have long known that “dark web” sites provide information, support and illicit goods to hackers and other criminals. But security company […]

When businesses are defrauded, courts can — and in some states must — order restitution. But calculating fraud damages isn’t that simple.  I

Using data analysis to detect fraud is changing the way many businesses operate. It’s also changing how forensic accountants do their jobs, providing fraud […]

Kickbacks return a portion of the money exchanged in a business transaction as compensation for favorable treatment. They’re illegal in the United States […]